A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts.
Written by Elizabeth Harrin from RebelsGuideToPM.com.
The processes you have for project management – or lack of them – can add significant risk to your project. But you don’t often find them called out on the risk log.
Poor processes can add time delays, extra steps and confusion. They contribute to poor communication and overspending. They impact project quality. In short, processes that aren’t optimal can hinder your ability to deliver a decent outcome for the project.
Unfortunately, processes are often constrained by the company you are in. If you are mandated to follow certain processes, you have little flexibility to do anything about them. That’s not a good situation to be in – ideally you should be able to tailor the process to the size and complexity of your project.
I’ve highlighted three of the main process-related factors that influence risk on your project in the video below.
